New Zealand - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 13, 2024

New Zealand - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Metal Chain Parts Price in New Zealand - 2023

Contents:

  1. Metal Chain Parts Price in New Zealand (CIF) - 2022
  2. Metal Chain Parts Price in New Zealand (FOB) - 2022
  3. Metal Chain Parts Imports in New Zealand
  4. Metal Chain Parts Exports in New Zealand

Metal Chain Parts Price in New Zealand (CIF) - 2022

The average metal chain parts import price stood at $7,580 per ton in 2022, increasing by 15% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 29% against the previous year. The import price peaked at $9,164 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($36,191 per ton), while the price for Italy ($1,799 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Chain Parts Price in New Zealand (FOB) - 2022

In 2022, the average metal chain parts export price amounted to $6,663 per ton, declining by -91.3% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 979%. As a result, the export price attained the peak level of $76,771 per ton, and then shrank notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($6,951 per ton), while the average price for exports to Papua New Guinea ($3,969 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Parts Imports in New Zealand

In 2022, approx. 177 tons of parts of chains of iron or steel were imported into New Zealand; picking up by 4.1% on the previous year. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, metal chain parts imports soared to $1.3M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Metal Chain Parts in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)2732242642871.7%
China16910621423311.3%
Australia12618121323222.6%
Belgium2.70.295.3104237.7%
Japan10810374.0101-2.2%
South Korea0.69.673.480.0410.9%
United Kingdom10564.622.567.7-13.6%
Italy10.365.940.644.262.5%
United States55.935.326.741.6-9.4%
Others20813396.5151-10.1%
Total1,0589231,1201,3428.2%

Top Suppliers of Metal Chain Parts to New Zealand in 2022:

  1. China (92.4 tons)
  2. Italy (24.6 tons)
  3. Taiwan (Chinese) (19.5 tons)
  4. Australia (8.3 tons)
  5. South Korea (6.9 tons)
  6. Belgium (5.8 tons)
  7. Japan (5.8 tons)
  8. United Kingdom (2.9 tons)
  9. United States (2.4 tons)

Metal Chain Parts Exports in New Zealand

Metal chain parts exports from New Zealand shrank dramatically to 4.1 tons in 2022, dropping by -30.7% on the previous year. Over the period under review, exports showed a precipitous slump. The smallest decline of -13.4% was in 2020.

In value terms, metal chain parts exports reduced rapidly to $28K in 2022. In general, exports faced a sharp setback. The growth pace was the most rapid in 2021 with an increase of 437% against the previous year. As a result, the exports reached the peak of $458K, and then declined rapidly in the following year.

Export of Metal Chain Parts in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia91.565.910.324.3-35.7%
Fiji4.57.44.92.5-17.8%
Papua New Guinea0.1N/A1.30.681.7%
VanuatuN/A10.59.4N/A-10.5%
DenmarkN/AN/A418N/A0%
Others7.11.514.30.2-69.6%
Total10385.445827.5-35.6%

Top Export Markets for Metal Chain Parts from New Zealand in 2022:

  1. Australia (3.5 tons)
  2. Fiji (0.5 tons)
  3. Papua New Guinea (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal chain parts market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25931780 - Parts of chains, n.e.c., of iron or steel

Country coverage:

  • New Zealand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in New Zealand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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